Common use of MONIES DUE Clause in Contracts

MONIES DUE. The party's obligation to pay all invoices to each other shall survive any termination or expiration of this Agreement, and termination of this Agreement shall be without prejudice to any other remedies the parties may have hereunder or under applicable law. Upon termination of this Agreement, any monies otherwise due and owing to a party shall be first offset against any indebtedness whatsoever owing that party.

Appears in 2 contracts

Sources: Agreement for in Flight Entertainment System and Supply of Services (Jetblue Airways Corp), Agreement for the in Flight Entertainment System Ltv2000 and Supply of Services (Jetblue Airways Corp)